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EXECUTION




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PagePREAMBLE
    
    
    1RECITALS
    
    
    1AGREEMENT
    
    
    2ARTICLE IDEFINITIONS AND INTERPRETATIONSECTION 1.1. Definitions
    
    
    2SECTION 1.2. Perfection Certificate
    
    
    8ARTICLE IIGRANT OF SECURITY AND SECURED OBLIGATIONSSECTION 2.1. Grant of Security Interest
    
    
    9SECTION 2.2. Filings
    
    
    10ARTICLE IIIPERFECTION; SUPPLEMENTS; FURTHER ASSURANCES;USE OF PLEDGED COLLATERALSECTION 3.1. Delivery of Certificated Securities Collateral
    
    
    10SECTION 3.2. Perfection of Uncertificated Securities Collateral
    
    
    11SECTION 3.3. Financing Statements and Other Filings; Maintenance of
    
    
    11Perfected Security InterestSECTION 3.4. Other Actions
    
    
    11SECTION 3.5. Joinder of Additional Guarantors
    
    
    13SECTION 3.6. Supplements; Further Assurances
    
    
    13SECTION 3.7. Government Contracts
    
    
    14ARTICLE IVREPRESENTATIONS, WARRANTIES AND COVENANTSSECTION 4.1. Title
    
    
    14SECTION 4.2. Validity of Security Interest
    
    
    15SECTION 4.3. Defense of Claims; Transferability of Pledged Collateral
    
    
    15SECTION 4.4. Other Financing Statements
    
    
    15SECTION 4.5. Location of Inventory and Equipment
    
    
    15SECTION 4.6. Due Authorization and Issuance
    
    
    15
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PageSECTION 4.7. Consents, etc.
    
    
    16SECTION 4.8. [Reserved]
    
    
    16SECTION 4.9. Insurance
    
    
    16ARTICLE VCERTAIN PROVISIONS CONCERNING SECURITIES COLLATERALSECTION 5.1. Pledge of Additional Securities Collateral
    
    
    16SECTION 5.2. Voting Rights; Distributions; etc.
    
    
    16SECTION 5.3. [Reserved]
    
    
    17SECTION 5.4. Certain Agreements of Pledgors As Issuers and Holders of Equity Interests
    
    
    17ARTICLE VICERTAIN PROVISIONS CONCERNING INTELLECTUALPROPERTY COLLATERALSECTION 6.1. Grant of Intellectual Property License
    
    
    18SECTION 6.2. Protection of Collateral Agents Security
    
    
    18SECTION 6.3. After-Acquired Property
    
    
    19SECTION 6.4. Litigation
    
    
    19ARTICLE VIICERTAIN PROVISIONS CONCERNING RECEIVABLESSECTION 7.1. Maintenance of Records
    
    
    20SECTION 7.2. Legend
    
    
    20ARTICLE VIIITRANSFERSSECTION 8.1. Transfers of Pledged Collateral
    
    
    20ARTICLE IXREMEDIESSECTION 9.1. Remedies
    
    
    20SECTION 9.2. Notice of Sale
    
    
    22SECTION 9.3. Waiver of Notice and Claims
    
    
    22SECTION 9.4. Certain Sales of Pledged Collateral
    
    
    22SECTION 9.5. No Waiver; Cumulative Remedies
    
    
    24SECTION 9.6. Certain Additional Actions Regarding Intellectual Property
    
    
    24
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PageARTICLE XAPPLICATION OF PROCEEDSSECTION 10.1. Application of Proceeds
    
    
    24ARTICLE XIMISCELLANEOUSSECTION 11.1. Concerning Collateral Agent
    
    
    25SECTION 11.2. Collateral Agent May Perform; Collateral Agent Appointed Attorney-in-Fact
    
    
    26SECTION 11.3. Continuing Security Interest; Assignment
    
    
    26SECTION 11.4. Termination; Release
    
    
    27SECTION 11.5. Modification in Writing
    
    
    27SECTION 11.6. Notices
    
    
    27SECTION 11.7. Governing Law, Consent to Jurisdiction and Service of Process; Waiver of Jury Trial
    
    
    28SECTION 11.8. Severability of Provisions
    
    
    28SECTION 11.9. Execution in Counterparts
    
    
    28SECTION 11.10. Business Days
    
    
    28SECTION 11.11. No Credit for Payment of Taxes or Imposition
    
    
    28SECTION 11.12. No Claims Against Collateral Agent
    
    
    28SECTION 11.13. No Release
    
    
    28SECTION 11.14. Obligations Absolute
    
    
    29SIGNATURES
    
    
    S-1EXHIBIT 1 Form of Joinder AgreementEXHIBIT 2 Form of Control Agreement Concerning Securities AccountsEXHIBIT 3 Form of Control Agreement Concerning Deposit AccountsEXHIBIT 4 Form of Copyright Security AgreementEXHIBIT 5 Form of Patent Security AgreementEXHIBIT 6 Form of Trademark Security Agreement
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Agreement Parent Borrowers Guarantors Pledgors Pledgor Collateral Agent
  Credit Agreement




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Definitions
 provided
 Accounts Bank Chattel Paper Commercial Tort Claim Commodity Account Commodity Contract Commodity Intermediary Documents Electronic Chattel Paper Entitlement Order Equipment Financial Asset Fixtures Goods Inventory Letter of Credit Rights Letters of Credit Money Payment Intangibles Proceeds Records Securities Account Securities Intermediary Security Entitlement Supporting Obligations Tangible Chattel Paper
 mutatis mutandis
  Account Debtor
 Agreement
 Assignment of Claims Act
 Borrowers
 Collateral Agent
 Collateral Support
 Contracts




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-3- Control
 Control Agreements
 Copyrights
 Copyright Security Agreement Exhibit 4
 Credit Agreement Recital A
 Deposit Account Control Agreement Exhibit 3
 Deposit Accounts
 Distributions
 Excluded Accounts




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-4- Excluded Property
          provided however
 General Intangibles




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-5-  Goodwill
 Government Contract
 Guarantors
 Instruments
 Intellectual Property Collateral
 Intellectual Property Licenses




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-6-  Intercompany Notes Schedule 9
 Investment Property
 Joinder Agreement Exhibit
1
 Material Intellectual Property Collateral
 Parent
 Patents
 Patent Security Agreement Exhibit 5
 Perfection Certificate Section
3.5
 Pledged Collateral Section
2.1
 Pledged Securities Schedule 8




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-7- provided however
 Pledgor
 Receivables
 Secured Parties
 Securities Account Control Agreement Exhibit 2
 Securities Collateral
 Specified Accounts




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-8-  Trademarks
 Trademark Security Agreement Exhibit 6
 UCC provided however
 Perfection Certificate




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-9-   Grant of Security Interest Pledged
Collateral
 (i)
    
    all Accounts;(ii)
    
    all Equipment, Goods, Inventory and Fixtures;(iii)
    
    all Documents, Instruments and Chattel Paper;(iv)
    
    all Letters of Credit and Letter of Credit Rights;(v)
    
    all Securities Collateral;(vi)
    
    all Investment Property;(vii)
    
    all Intellectual Property Collateral;(viii)
    
    the Commercial Tort Claims described on Schedule 11 to the
Perfection Certificate;(ix)
    
    all General Intangibles;(x)
    
    all Money and all Deposit Accounts;(xi)
    
    all Supporting Obligations;(xii)
    
    all books and records relating to the Pledged Collateral;
and(xiii)
    
    all Proceeds and products of each of the foregoing and all accessions to
and rents, profits and products of, each of the foregoing.




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-10-  Filings
    
 Delivery of Certificated Securities Collateral




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-11-  Perfection of Uncertificated Securities Collateral
 Financing Statements and Other Filings; Maintenance of Perfected Security Interest Schedule
5
 Other Actions
 Instruments and Tangible Chattel Paper




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-12-  Deposit Accounts Schedule 12 Section 3.4(b)
 Securities Accounts and Commodity Accounts Schedule 12 Section
3.4(c)




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-13-  Commercial Tort Claims Schedule 11
 Joinder of Additional Guarantors Exhibit 1
 Supplements; Further Assurances provided




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-14- Sections 3.1 3.4(a) Sections 3.4(b) 3.4(c) Sections 3.1 3.4(b) 3.4(c) Section 3.7
 Government Contracts
      Title




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-15-  Validity of Security Interest
 Defense of Claims; Transferability of Pledged Collateral
 Other Financing Statements Schedule 7
 [Reserved]
 Due Authorization and Issuance




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-16- Consents, etc
 Reserved
 Insurance
   Pledge of Additional Securities Collateral Section 3.1 Section 3.2
 Voting Rights; Distributions; etc
   provided however




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-17- Section 5.2(a)(i) Section 5.2(a)(ii)
  Section 5.2(a)(i)
 Section 5.2(a)(ii)
 Section 5.2(c)(i) Section 5.2(c)(ii)
 Section 5.2(a)(ii)
 Reserved
 Certain Agreements of Pledgors As Issuers and Holders of Equity Interests




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-18-   
 Grant of Intellectual Property License Article IX
 Protection of Collateral Agents Security




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-19-  After-Acquired Property
 Litigation Section 6.4 Section 10.03




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-20-   Maintenance of Records
 Legend
   Transfers of Pledged Collateral
   Remedies




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-21-  provided however
   Article X
 Article
X
  Section 9.2




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-22-  Notice of Sale
 Waiver of Notice and Claims Article IX
 Certain Sales of Pledged Collateral




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-23-




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-24- Section 9.4 Section 9.4
 No Waiver; Cumulative Remedies
   Certain Additional Actions Regarding Intellectual Property
   Application of Proceeds




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-25-    Concerning Collateral Agent




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-26-  Collateral Agent May Perform; Collateral Agent Appointed Attorney-in-Fact provided however Section 10.03 Section 11.2 Section 11.2
 Continuing Security Interest; Assignment




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-27-  Termination; Release
 Modification in Writing
 Notices Section 11.6




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-28- Governing Law, Consent to Jurisdiction and Service of Process; Waiver of Jury Trial Sections 10.09 10.10 mutatis
mutandis
 Severability of Provisions
 Execution in Counterparts
 Business Days
 No Credit for Payment of Taxes or Imposition
 No Claims Against Collateral Agent
 No Release




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-29- Section 11.13
 Obligations Absolute
     Section 11.5




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S-1  BEARINGPOINT, INC.,
as PledgorBy:

/s/
Harry L. YouName:
    Harry L. YouTitle:
    Chief Executive Officer BEARINGPOINT, LLC,
as PledgorBy:

/s/
Judy EthellName:
    Judy EthellTitle:
    President 
 By:

/s/
Judy EthellName:
    Judy EthellTitle:
    President




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S-2 BEARINGPOINT BG, LLC,
as PledgorBy:

/s/
Judy EthellName:
    Judy EthellTitle:
    President BEARINGPOINT ENTERPRISE HOLDINGS, LLC,
as PledgorBy:

/s/
Judy EthellName:
    Judy EthellTitle:
    President BEARINGPOINT TECHNOLOGY PROCUREMENT SERVICES, LLC,
as PledgorBy:

/s/
Judy EthellName:
    Judy EthellTitle:
    President BEARINGPOINT ISRAEL, LLC,
as PledgorBy:

/s/
Judy EthellName:
    Judy EthellTitle:
    President BEARINGPOINT PUERTO RICO, LLC,
as PledgorBy:

/s/
Judy EthellName:
    Judy EthellTitle:
    President




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S-3 BEARINGPOINT RUSSIA, LLC,
as PledgorBy:

/s/
Judy EthellName:
    Judy EthellTitle:
    President BEARINGPOINT SOUTH PACIFIC, LLC,
as PledgorBy:

/s/
Judy EthellName:
    Judy EthellTitle:
    President BEARINGPOINT SOUTHEAST ASIA, LLC,
as PledgorBy:

/s/
Judy EthellName:
    Judy EthellTitle:
    President i2 MID ATLANTIC LLC,
as PledgorBy:

/s/
Judy EthellName:
    Judy EthellTitle:
    President i2 NORTHWEST LLC,
as PledgorBy:

/s/
Judy EthellName:
    Judy EthellTitle:
    President




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S-4 PELOTON HOLDINGS, L.L.C.,
as PledgorBy:

/s/
Judy EthellName:
    Judy EthellTitle:
    President




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S-5 UBS AG, STAMFORD BRANCH,
as Collateral AgentBy:

/s/
Richard L. TavrowName:
    Richard L. TavrowTitle:
    Director, Banking Products Services, US By:

/s/
David B. JulieName:
    David B. JulieTitle:
    Associate Director, Banking Products Services, US